WAEC SSCE - Economics - 2010 (Objective)

Which of the following group of accounts make up the balance of payments?

Which of the following equation is appropriate for determining the Net Domestic Product (NDP)?

The Central Bank controls money supply through all the following except

A firm is said to be a public joint stock company when it

In order to stabilize oil price in the world market, there is the need for OPEC members to

Dumping means the selling of a good in a foreign market at a price that is

When the demand for a good is fairly inelastic, the burden of an indirect tax falls

Which of the following is not an international economic organization?

The public sector of an economy includes

Find the median of the following set of scores 8,9,6,5,10

The following are all factors determining the location of industry except

A component of the national debt of a country is

Which of the following is not a member of the Economic Community of West African State (ECOWAS)?

One disadvantages of direct taxes is that they

A tent-making factory offers

A country whose population size is too small relative to its resource is

The role of government in promoting agricultural development includes the following except

The following are examples of economic goods except

The wholesaler performs the following function except

One advantage of the Sole Proprietorship over other forms of business organization is that it can

Which of the following is a legal tender?

Which of the following is not a concept in National Income Accounting?

The total stock of money available for use in an economy is

An efficient weapon used in resolving dispute between employers and employees is

One of the functions of the Central Bank is

The best way of combating demand-pull inflation is to

The following are advantages of large scale agriculture except

Excise duty is levied on

Which of the following is obtainable in a perfect market?

All the following are source of finance to a joint stock company except

Which of the following is not a reason for holding money?

In which of the following ways has inflation adversely affected your country’s economy?

The function of the Central Bank as the lender of last resort means that when all other sources fail,

Which of the following over estimates the value of national income?

A country's balance of payment is deficit when